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What is net income attributable to nci for the year

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Reference no: EM132958203

Problem - Assume the following facts relating to an 80% owned subsidiary company:

BOY Stockholders' Equity, 1,000,000

BOY unamortized AAP, 125,000

Net income of the Sub (not including AAP amortization), 210,000

AAP amortization expense, 40,000

Dividends declared and paid, 12,500

What is net income attributable to NCI for the year? What is NCI equity at year end?

Reference no: EM132958203

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